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D18. Please <br />describe any avoided <br />financial costs or <br />savings related to <br />the project and over <br />what period of time <br />those costs will be <br />avoided/reduced. <br />(250 word limit) <br />The average household in Carrboro uses 14,030 kW h of energy and 164 <br />therms of natural gas per year. Given the current residential energy rate of <br />$0.14/kW h (Find Energy, 2025) and the current residential gas rates of <br />$1.17103/therm in winter and $1.08782/therm in summer (Enbridge Gas, <br />2025), the average household in Carrboro spends an estimated $1,964.20 <br />per year on electricity and $305.23 on gas. <br />This will result in a reduction of energy use in Carrboro by 249,027 kW h <br />and 291.28 BTU annually <br />249,027 kW h * $0.14/kW h = $34,863.78 <br />2912.776 Therms <br />1456.388 therms *$1.17103 = $1,705.47 <br />1456.388 therms *$1.08782 = $1,584.28 <br />Total Cost Reduction: $38,153.53/246 households = annual savings of <br />$155.10 per household <br />D19. Does your <br />project accelerate or <br />expand on existing <br />programs that <br />already show <br />positive impact? <br />(150 word limit) <br />Yes, staff will build from lessons learned through Carrboro’s 2010 W ise <br />Investments Save Energy (W ISE) Program. The W ISE program was <br />successful in driving energy efficiency projects for 113 single family and <br />multifamily units through financial incentives and providing five small <br />commercial loans for projects in three separate commercial buildings. The <br />projects are estimated to have resulted in an average of 21% or more in <br />energy savings per project and almost $40,000 in total energy bill savings. <br />Furthermore, a similar study done at NCSU yielded promising results. <br />Following a workshop on saving energy, citizens were given a free grab <br />bag containing two energy efficient lightbulbs and a low-flow shower head. <br />A survey revealed that 94% of participants installed their lightbulbs, and <br />66% had installed their showerhead (Kirby et al., 2015). These installations <br />were responsible for an estimated greenhouse gas reduction of 1,817.25 <br />metric tons. <br />D20. Does your <br />project take <br />advantage of other <br />funding sources? If <br />yes, please describe. <br />(150 word limit) <br />Yes, this year Town staff are working to redesign and revitalize the Town's <br />existing Energy Efficiency Revolving Loan Fund. This fund was created in <br />2010 through a grant made possible by the American Recovery and <br />Reinvestment Act. Currently, the Town has $205,227 in funding available <br />for Town residents through this program. In addition, staff can utilize <br />existing FY25-26 funding for general sustainability outreach for this project <br />as well. <br />D21. W ould your <br />proposed project help <br />you to take <br />advantage of funding <br />from other sources <br />besides this grant in <br />the future? (250 word <br />limit) <br />Yes, this project will result in a cohort of trained community members who <br />will act as leaders in their neighborhoods. The Town can continue to foster <br />relationships with these residents if they have an interest in continuing their <br />work with additional grant funding. This grant will also help neighborhoods <br />build capacity and connections to pursue additional grant funding through <br />the Town’s Green Neighborhoods Grant Program. Energy audits will help <br />residents take steps to perform energy efficiency improvements on their <br />homes and receive rebates through the upcoming HOMES/HEAR <br />(EnergySaver NC) program. <br />Docusign Envelope ID: B7F69C66-F314-4506-B393-F26F9CEC96B0